Is Independence Overrated?

Happy Independence Day from The Money Motivator!

If you don't celebrate "The 4th of July" like we do in the United States, today still presents you with an awesome opportunity to examine your independence.

Independence means the quality or state of being dependent. The word dependent means not subject to control by others, according to Merriam-Webster Online Dictionary.

A full 95% of the world will NEVER know what it feels like to have true independence. True independence involves being free from debt, which is a form of control. I have seen debt destroy far too many relationships, including mine. It was not until I decided to stop the cycle of debt that I was able to begin to enjoy life.

Today can mark your first step in gaining true independence. You must complete one simple action. The first step is simple, yet it can be so powerful that it can set off a firestorm of ideas to end your finance problems.

What is the first step? It is simply to DECIDE to eliminate debt wherever possible. For now do not concern yourself with how this will happen, just make the decision and in due time you will find the solutions.

Today just decide to eliminate debt and then go out and have fun. In later articles I will reveal techniques and strategies to help you blast off on your way to total financial freedom.

I also invite you to send me emails on creative ways that you may have to eliminated debt, so that I may share them with other readers, giving you full credit. My email address is david@themoneymotivator.com.

Visit www.themoneymotivator.com to read my true story on how I began to eliminate debt. It is my hope that my story can inspire you to start to believe that you can change your circumstances in an instant. Also in my story is a technique I used to save money.

To answer the question posed by the title of ths article, is independence overrated? No, it is underrated and that is why so many people are in debt, and therefore dependent on creditors.

Much More Success,
David D. Wells

Copyright David D. Wells. This Article and all contents are proprietary products. All rights reserved. You are welcome to forward the entire Article to anyone interested. The author's signature box below must be included.

Often referred to as The Money Motivator, David Wells is passionate about helping you Crack The Wealth Code to become a money magnet. Let him teach you the techniques Hillary Clinton used to turn $1,000 into $100,000 in the course of a year.

For more information visit his website at http://www.themoneymotivator.com and sign up for his free newsletter, Money Moments.

In The News:


KY3

Gentler Tax Laws Urged on Debt Default
New York Times, United States - Jan 7, 2009
Congress has already provided some debt relief to homeowners through the Mortgage Forgiveness Debt Relief Act of 2007, which exempts from taxes any debts ...
IRS should help some delinquent taxpayers, report says Salt Lake Tribune
IRS changes offer relief to delinquent taxpayers USA Today
IRS to cut struggling taxpayers a break Columbus Dispatch
Arizona Republicall 300 news articles

US CREDIT-US banks face higher capital needs on CDS change
Reuters - 3 hours ago
Credit default swaps are used to insure against a borrower defaulting on their debt or can be used to bet on a company's credit quality. ...

Economist

What debt bubble? Treasury easily sells new 10-year notes
Los Angeles Times, CA - Jan 8, 2009
That should be a relief to President-elect Barack Obama, who is pushing Congress to approve a huge spending program to jump-start the economy. ...
Fed Focuses on Consumer, Corporate Loan Rate Spreads Bloomberg
Tide turning for treasuries? FT Alphaville
all 492 news articles

Javno.hr

Citi backs mortgage relief plan
BBC News, UK - 19 hours ago
Opponents say giving bankruptcy judges the power to erase mortgage debt would increase costs for future homeowners. A similar proposal failed to win ...
Citi to support novel attempt at mortgage relief? FierceFinance
Citi backs foreclosure prevention plan CNNMoney.com
Citi Throws Weight Behind Cram-Downs Housing Wire
International Herald Tribune - USA Todayall 623 news articles

Emerging Markets-Bonds up with Treasuries, stocks down with data
Reuters - 1 hour ago
There is a slightly better tone around emerging markets and it is being reflected in the fact that external debt is holding up fairly well," he said. ...

Fiscal Fitness ’09: One Phone Call, $198 in Debt Savings
Motley Fool - 4 hours ago
Got credit card debt? Relief is just a phone call away. The strategy is simple: Call your credit card company and sweet-talk the customer service rep into ...
Call to switch as credit cards shun rate cut Sydney Morning Herald
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Norway cancels Liberia's debt
Norway Post, Norway - Jan 8, 2009
This, together with other debt cancellation, will make Liberia’s debt manageable. The debt relief package for Liberia is part of the Heavily Indebted Poor ...

The Plain Dealer - cleveland.com

Mortgage rate relief might not last long
Reuters - Jan 8, 2009
The Fed has also embarked on a program to buy up to $100 billion in unsecured debt of Fannie Mae, Freddie Mac and the Federal Home Loan Banks in a move also ...
2008: Year of the Bailout Dakota Voice
General Sessions Civil Court To Close Friday Memphis Daily News
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New Program From Think Debt Relief Offers Help for Those ...
MarketWatch - Dec 18, 2008
The new debt settlement program from Think Debt Relief is designed to help consumers with $10000 or more in unsecured debts settle those debts in as little ...

Overture board, city defend closed-door meetings on debt
Capital Times, Wisconsin - Jan 8, 2009
Carto also clarified in his statement that one element of the proposed debt relief plan -- selling the Overture Center to the city, MCAD or another entity ...
debt relief - Google News


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